Atlas

Trade

Advanced Broker Relations

Rank
3
Attributes
Charisma, Memory
Alpha
Omega only

Levels

LevelSPTime Total SPTotal time
I75025m75025m
II3,4931h 57m4,2432h 22m
III19,75710h 59m24,00013h 20m
IV111,7652d 14h135,7653d 3h
V632,23514d 15h768,00017d 18h

Prerequisites

Up to level I with the whole chain: 271,530 SP, 6d 6h.

Plan up to level I: 13 steps
Trade I
Trade II
Trade III
Trade IV
Accounting I
Accounting II
Accounting III
Accounting IV
Broker Relations I
Broker Relations II
Broker Relations III
Broker Relations IV
Advanced Broker Relations I

In the client: skill queue, “Add skills listed in clipboard”.

Description

Proficiency at negotiating the brokerage cost of relisting a market order at a new price. Each level of this skill adds 6 percentage points to the standard Relist Discount of 50%.

SCC regulations aimed at reducing market volatility mandate a cost for relisting a market order based on the Broker Fee rate applicable to a given market order at the time of the price change.

The total brokerage costs for relisting are calculated in two steps:
- The full Broker Fee rate is applied to the increment by which the price has changed if the new price is an increase to determine the brokerage cost of raising the asking price. If the new price is a decrease this component of the brokerage cost for relisting is zero.
- A Relist Discount is then applied to the Broker Fee rate and the discounted rate then applied to the total new price. The resulting amount is added to the increment charge calculated in the first step.
The total calculated in these two steps is the brokerage cost that will be charged for relisting the market order at its new price.

The standard Relist Discount on the total price brokerage fee has been set by the SCC at 50%. Advanced Broker Relations increases that discount by 6 percentage points per level, permitting a discount of 80% at level 5.